The Future of financial systems and services : essays in honour of Jack Revell

This volume of essays comprises a systematic collection of views from scholars and practitioners on the future of financial systems and services and reflects the fact that the financial industry worldwide is involved in a major restructuring process. Front Matter....Pages i-xxvi Front Matter....Pages 1-1 Jack Revell....Pages 3-11 Front Matter....Pages 13-13 Competition and Structural Change in the British Financial System....Pages 15-35 The Process of Change in Belgian Banking....Pages 36-50 The Impact of Securitisation and Internationalisation on Market Imperfections: Implications for Regulatory Reform and the Structure of the Payments System....Pages 51-71 The Banking and Financial System in Argentina: The History of a Crisis....Pages 72-84 Front Matter....Pages 85-85 UK Indexed Gilts: A Case Study of Financial Indexation....Pages 87-103 Recent Developments in the Money Markets....Pages 104-125 Bank Borrowing, Small Firms, and the USM....Pages 126-140 Front Matter....Pages 141-141 International Bank Profitability: Theory and Evidence....Pages 143-169 Towards a Restructuring of the International Financial Services Industry: Some Preliminary Empirical and Theoretical Insights....Pages 170-192 The Role of Swiss Banks in International Finance....Pages 193-204 Obstacles to International Trade in Insurance....Pages 205-221 Front Matter....Pages 223-223 Banking as Insurance....Pages 225-242 The Growth of Asset and Liability Management....Pages 243-257 Financial Conglomeration: A New Challenge for Banking....Pages 258-282 One-Stop Financial Service Delivery Opportunities in a World of Automated Self-Service Banking: Some Evidence from the United States....Pages 283-292 Front Matter....Pages 293-294 Stock Market Instability and Financial Regulation....Pages 295-309 International Convergence of Capital Adequacy Measurement and Standards....Pages 310-335 Getting Off the Back of a Tiger: The Deposit Insurance Crisis in the United States....Pages 336-352 Deregulation in Banking: Lessons from the Italian Case....Pages 353-361 Front Matter....Pages 293-294 Prudential Regulation of Large Loans in the Italian Banking System....Pages 362-375 Capital Adequacy: The Italian Experience....Pages 376-386 Back Matter....Pages 387-401